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SSR Mining's Price Target Increased to CAD 25.00 by Analysts at National Bank Financial

Mining News - Published on Wed, 11 Sep 2019

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SSR Mining had its target price boosted by National Bank Financial from CAD 24.00 to CAD 25.00 in a research report released on August 14th, BayStreet. They currently have an outperform rating on the stock. Separately, Pi Financial upped their target price on SSR Mining from CAD 22.00 to CAD 24.50 in a report on Wednesday, July 24th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of CAD 21.34. Shares of SSRM traded down CAD 0.80 during midday trading, reaching CAD 20.54. 350,400 shares of the stock were exchanged, compared to its average volume of 306,839. The company has a market cap of USD 2.51 billion and a P/E ratio of 128.38. The company has a quick ratio of 2.87, a current ratio of 4.02 and a debt-to-equity ratio of 26.17.

In related news, Senior Officer Nadine June Block sold 8,334 shares of the stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of CAD 21.73, for a total transaction of CAD 181,112.82. Following the sale, the insider now owns 4,796 shares of the company’s stock, valued at approximately CAD 104,225.71.

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Posted By : Rabi Wangkhem on Wed, 11 Sep 2019
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